Developed economies in North America and Europe offered a plethora of opportunities in the past for the growth and acceptance of various collagen-based products used across various industries. These regions are considered the traditional economies for initial uptake and wide acceptance of collagen and respective products. This is attributed to increased awareness about personal wellbeing and presence of well-established collagen research and development centers along with production facilities comprising sophisticated technologies. However, shift in focus of major pharmaceutical and medical device companies toward expansion of product offerings and operations in non-traditional economies in Asia Pacific and Latin America will create large opportunities in the collagen market. The collagen market estimations for each region has further been segmented by respective countries. For instance, North America is further segmented into the U.S. and Canada and similarly for other regions as well.

Increasing awareness about collagen-based products coupled with expanding applications of collagen across various industries is likely to boost market growth. In addition, rise in geriatric population is likely to increase bone and joint disorders such as osteoporosis and skin related problems, thereby indirectly creating a demand for collagen-based products. People aged 50 years and above suffer from deficiency of collagen, which leads to brittle bones. Collagen provides strength and elasticity to the bones. Hence, usage of collagen in treating conditions such as osteoporosis and osteoarthritis will offer lucrative growth opportunities for introduction and commercialization of novel collagen-based products for maintenance of bone and joint health. For instance, according to the International Osteoporosis Foundation, osteoporosis causes over 8.9 million fractures annually across the globe, around one fracture every three seconds. This condition affects around 75 million (approx.) people, especially in the U.S., Japan, and Europe. These facts substantiate increasing demand for collagen-based products, with respect to bone and joint health. On the other hand, factors such as high cost of medical grade collagen extraction and high cost of end-products incorporated with collagen are likely to hamper market growth.

The global collagen market has been analyzed by five major regions: North America, Europe, Asia Pacific, Latin America, and Rest of the World. These regions has been further sub-segmented into respective countries. North America dominated the global collagen market in terms of market share in 2014. It is expected to retain its leadership position during the forecast period from 2015 to 2023. However, Asia Pacific is anticipated to be the most attractive market for collagen and is anticipated to record the highest growth rate during the forecast period. The U.S. accounted for the largest share of the collagen market in North America in 2014, while the market in Canada is expected to witness the highest growth rate owing to increasing awareness, substantial government support on health care spending, and increased uptake of collagen-based products. Consumption of collagen is the highest in North America, followed by Europe, owing to well established demand for collagen products in these regions and presence of several large market players.

China is expected to witness the highest growth rate during the forecast period owing to consistent restructuring of business policies and increasing affordability and awareness about the benefits of collagen. Rest of APAC, comprising India and other countries in Southeast Asia, accounted for a major share of the collagen market in Asia Pacific in 2014. The collagen market in Latin America is expected to record the second highest growth rate owing to increasing investments by the key market players in emerging economies in the region and consistent support by the respective governments for rapid industrialization and manufacturing processes. Brazil and Mexico are the major markets for collagen in Latin America. Middle East & Africa have considerable demand for collagen-based products owing to strong influence of religious beliefs and cultures on consumption of products derived from pork and beef sources. This is likely to restrain the collagen market. However, introduction and implementation of religious-based policies for rendering flexibility in use of collagen-based products in emergency cases is likely to augment the market.

Rigorous research and development initiatives to identify novel applications of collagen by the leading pharmaceutical and medical device companies will increase demand for collagen-based products globally. In addition, expanding biomedical applications of collagen and introduction of novel collagen-based drug delivery systems will result in increased participation of medical device companies in the collagen market. This in turn will boost market growth. Collagen Solutions plc, Medtronic plc, Collagen Matrix, Inc., Baotou Dongbao Bio-Tech Co. Ltd., Kyeron B.V., Nippi, Inc., and botiss biomaterials GmbH are the key players operating in this market.

The global collagen market is segmented into the following categories:

Global Collagen Market, by Source

Bovine

Porcine

Chicken

Marine

Others

Global Collagen Market, by Application

Drug Delivery Systems

Collagen Shields

Collagen Sponges

Sustained Drug Delivery Systems

Transdermal Patches

Others

Tissue Engineering

Skin Replacement

Bone Substitutes

Others

Global Collagen Market, by Geography

North America

U.S.

Canada

Europe

U.K.

Germany

Rest of Europe

Asia Pacific (APAC)

China

Japan

Rest of APAC

Latin America (LATAM)

Brazil

Mexico

Rest of LATAM

Rest of the World (RoW)

South Africa

Rest of RoW

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